NOT LISTED FOR SALE

8948 Lamar St Spring Valley, CA 91977

4 Beds
2 Baths
-- Sq Ft
0.32 Acres

Last Sold May 22, 2015

Last sale price $382,000

118 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 4-minute walk to Lamar Park
  • Heating System Uses Natural Gas

About This Home

As of May 2015

Traditional sale. Two houses one large lot located at end of dead end street. Single story separate houses with attached one car garages plus one parking space per house. Large yard on 8948 Lamar. Assessor records show only 8948 but it is 8948-8952 Lamar Street. Located on small street right off Lamar. Note signs on Lamar that show street numbers. Long time owners. Managed for 10 plus years by MTM Prop Mgmt. Lots space on lots. Possible expansion on 8948 Lamar. Quiet low traffic street. Potential Great opportunity to live in one unit and continue to rent out other unit. Lots of potential for rent increases due to market availability of rentals in area. Mortgage rates should make this a great investment. Located on over one third of an acre on flat level lot. Placement of the two separate houses makes this an ideal situation to consider adding another unit. Great parking available currently for each unit. Has 1 car attached garages and additional patio style parking plus driveway for each unit. Long time family owned property with lots of upside. Neighborhoods: Spring Valley Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 8948 Unit # for Unit 2: 8952 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Marvin Gergen

MTM Property Management &Real License #00586504 Listed on: 12/10/2014

Last Buyer's Agent

Alex Wu

Diversified Realty License #01370722

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60x210
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity, gas
  • Assessor Parcel Number 5032713500

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subdivision Name Other: Spring Valley
  • View: No
  • Zoning: RV15
  • Property Type: Residential Income
  • Parcel Number: 5032713500
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size: 60x210
  • Lot Size Sq Ft: 13939.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 30600.00
  • Lot Size Area: 13939.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $382,000 0.0% --
04/07/2015 04/07/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $382,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marvin Gergen

    MTM Property Management &Real

    (619) 992-8112

    1 in this area

    2 Total Sales

    Marvin Gergen
    Section Image

  • A

    Buyer's Agent in 2015

    Alex Wu

    Diversified Realty

  • Alisa Livesley

    Buyer's Agent in 2015

    Alisa Livesley

    Real Estate 365, Inc

    (760) 429-4061

    50 Total Sales

    Alisa Livesley
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140064748

California Regional Multiple Listing Service (CRMLS)

APN: 503-271-35-00

California San Diego County Spring Valley 91977

8948 Lamar St, Spring Valley, CA

This home is located at 8948 Lamar St, Spring Valley, CA 91977 since 10 December 2014. This property was built in 1971. 8948 Lamar St is a home located in San Diego County with nearby schools including Bancroft Elementary School, Spring Valley Middle School, and Monte Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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